Seasoned In Staple Stocks
For more than two decades Sandy Chin had been managing the purchasing and selling of staple stocks. She is now known as a well-seasoned portfolio manager. She started Tidal Bore Capital a couple of years ago, and that gave her the ability to manage portfolios using a bottom-up strategy.
Sandy Chin earned an MBA from New York University. She has a BA in political science from Columbia Universities Barnard College. Bill Leach mentored Chin for ten years and helped her strengthen here analyst skills. Tidal Bore Capital was a hedge fund she jointly started with Bill. They teamed up after sic years of working at separate organizations.
Meeting The Mentor
Sandy Chin met Bill when he hired her on at Donaldson, Lufkin & Jenrette. When she joined his team they were dealing with food stocks. She was Bill’s second hire during his 20-plus years as a Senior Analyst at the company. Chin says Bill was very knowledgeable in his field, and he was a top ranking analyst for a long time. Bill would ask Chin to tag along with him to meetings and conferences. Following Bill around allowed Chin to learn first-hand how to value staple stocks. She also learned about questioning management companies, and what to look for during responses. She was learning to pick up on tone, body language, and patterns in answers.
Paying Lessons Forward
Bill informed Sandy Chin that when he started out, he was tagging along with no pen or paper allowed. He was supposed to be focused on the people, listening to what they say and how they relayed the information. Bill joked about running to complete a brain dump right after the meeting before he forgot anything. The skill Bill picked up while studying people helped him when it came to picking stocks. This is an important skill that he has passed on to Sandy Chin.
Sandy Chin was the only associate in the room back in 1998 when she joined Bill. One analyst told her that he doesn’t let his associate attend meetings, or leave his desk. He was advised that the company’s idea of an associate was one who sat at the computer and just worked on models. That was not effective for associates, lacking the interaction with management companies, the associate couldn’t properly model the companies. After a while, other analysts brought their associates to meetings and presentations. Those analysts were learning from Bill also. They saw that he was invested in his associate, and it strengthened their teams as well as improved their modeling and stock picking.